Essential Utilities (WTRG) Tax Rate (2009 - 2026)
Essential Utilities (WTRG) posted quarterly Tax Rate of 2.77% for Q1 2026, up 1059.0% year-over-year from 0.24% in Q1 2025, and down 37.96% quarter-over-quarter from 4.46% in Q3 2025.
Powered by 
Analysis
Essential Utilities (WTRG) Tax Rate (2009 - 2026) Analysis & Trends
Essential Utilities (WTRG) has reported Tax Rate for 18 consecutive years, with 2.77% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 1059.0% year-over-year to 2.77%; the TTM figure through Mar 2026 stood at 0.91% (up 142.0% YoY), while the FY2019 annual figure was 6.15%, up 151.0% from the prior year.
- Tax Rate declined to 2.77% in Q1 2026 per WTRG's latest filing, from 4.46% in the prior quarter.
- Across five years, Tax Rate topped out at 18.58% in Q3 2024 and bottomed at 19.8% in Q1 2023.
- Historically, Tax Rate has averaged 0.11% across 5 years, with a median of 2.41% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 2344 bps — and 2025, when it tumbled 1412 bps.
- Essential Utilities' Tax Rate stood at 6.53% in 2022, then sank by 174 bps to 4.86% in 2023, then jumped by 482 bps to 18.58% in 2024, then tumbled by 76 bps to 4.46% in 2025, then tumbled by 38 bps to 2.77% in 2026.
- Business Quant data shows WTRG's Tax Rate at 2.77% in Q1 2026, 4.46% in Q3 2025, and 4.07% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.65 Bn | 27.45 Bn | 874.00 Mn | 22.22% |
| 2 | Essential Utilities | 11.95 Bn | 11.94 Bn | 377.22 Mn | 3.11% |
| 3 | American States Water | 3.50 Bn | 3.48 Bn | 169.26 Mn | 25.07% |
| 4 | California Water Service | 3.05 Bn | 2.96 Bn | 263.45 Mn | 30.48% |
| 5 | H2O America | 2.68 Bn | 2.58 Bn | 197.11 Mn | 13.09% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 10.80% |
| 7 | York Water | 541.63 Mn | 541.07 Mn | 17.56 Mn | 2.13% |
| 8 | Consolidated Water | 466.73 Mn | 334.10 Mn | 10.96 Mn | 5.98% |
| 9 | Artesian Resources | 371.08 Mn | 361.28 Mn | 29.37 Mn | 36.07% |
| 10 | Cadiz | 344.16 Mn | 338.84 Mn | -24,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.11% |
| Mar 31, 2026 | 2.77% |
| Dec 31, 2025 | 95.97% |
| Sep 30, 2025 | 4.46% |
| Jun 30, 2025 | 4.07% |
| Mar 31, 2025 | -7.83% |
| Dec 31, 2024 | 72.74% |
| Sep 30, 2024 | 18.58% |
| Jun 30, 2024 | 2.41% |
| Mar 31, 2024 | -4.17% |
| Dec 31, 2023 | 120.72% |
| Sep 30, 2023 | -4.86% |
| Jun 30, 2023 | -0.29% |
| Mar 31, 2023 | -19.80% |
| Dec 31, 2022 | 94.37% |
| Sep 30, 2022 | 6.53% |
| Jun 30, 2022 | 8.96% |
| Mar 31, 2022 | -9.46% |
| Dec 31, 2021 | 81.08% |
| Sep 30, 2021 | 3.38% |